Niks Technology Board Approves Annual Report, Director Re-appointments, and Acquisition

Niks Technology Ltd's Board of Directors met on September 08, 2026, approving the Director's Report and annual report for FY2025-2026. Key decisions included the re-appointment of Mr. Pankaj Kumar and Mr. Rakesh Kumar Singh as Independent Directors for five-year terms, subject to shareholder approval. The board also approved alterations to the Memorandum and Articles of Association to reflect expanded business activities in infrastructure development and a significant increase in authorized share capital. Furthermore, the company approved the acquisition of 100% equity share capital of Dev Satya Infra Private Limited via a Share Purchase and Share Swap Agreement, along with a preferential issue of equity shares to the selling company's shareholders.